The Old Way Contractors Invoiced was as much or more work than doing of the job itself. In the past you had to make notes, collect customer information, go to your office, open QuickBooks or whatever construction accounting software you are using, wait for everything to load up and then try to find the paperwork, open the invoice screen and fill it out and if you were lucky you could email it from QuickBooks to your customer. Then you waited for the check in the mail to arrive to get paid.
Three Things Contractors Need Cash, Cash And More Cash When you or your employee finishes a job you need to get paid and I mean the sooner the better! Use a smartphone, electronic tablet or web enabled device, create the invoice and email it! QuickBooks Desktop Version In The Cloud will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence.
The Key To Making QuickBooks Desktop Version In The Cloud Work For Construction Contractors is having it properly setup, linked to Bill.Com and maintained. Invest the money and let us do it for you, right, the first time! Don't be fooled into thinking just because it is somewhat easy for small retail companies that it will be easy for you to perform a QuickBooks setup for your construction company. The reason is simple; the difference between a construction accounting and regular accounting is similar to the difference between a shovel and a backhoe.
In A Failed Attempt To "Save Money" I rented a backhoe, once, and ripped several underground utility lines out of the ground and caused a lot of damage in less than thirty minutes. The total cost of the job skyrocketed and let's just say I understand the value of professional services and should have known better...ah the "Halo Effect"...I am so good at construction accounting of course I can operate a backhoe...NOT!
Don't Try To Save Money On Construction Accounting because it is a lot harder than it looks. for more on this click on "Construction Accounting Vs. Regular Accounting" and read an article I wrote about it. A word to the wise could save you a lot more money than I lost trying to operate a backhoe.
If your QuickBooks Setup Is Not Working the way you want, no worries, we can help. Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com.
You May Be Able To have your bookkeeping done professionally by us for less than you are spending now!
Contractors Ask How - Can we save them $100's or even $1,000's dollar a year when they can do bookkeeping or hire a Cheap Bookkeeper? Read our article Cheap Bookkeepers
Our Contractor Bookkeeping System - is your solution. In 1991 we developed a Comprehensive Construction Bookkeeping System Bookkeeping system to add useful content to QuickBooks in order to make it work for construction companies. Since then we have made thousands of improvements and it is continuously being improved, updated, innovated and enhanced.
Having Worked With Contractors - And seen 100's of QuickBooks files, met with lots of bankers, bonding companies, commercial insurance brokers in addition to our own experiences owning and operating construction businesses we understand what is needed.
Having owned and operated - Several construction businesses over the past 30+ years we understand a thing or two about best practices when it comes to Construction Bookkeeping And Accounting and operating a profitable construction business.
One Key To Success - Is delegating stuff you don't like doing because you aren't doing it right anyway.
Our Contractor Bookkeeping System Delivers - Bookkeeping right and on time because we are not at the mercy of our bookkeeping staff.
What You Get With Our Strategic Bookkeeping Service:
Professional Bookkeepers with a minimum of 10,000 hours of practice
You don't have to buy QuickBooks, we can lease it for you
Cloud based document storage
Job Deposit Tracking
Retention Tracking System
Optional scanner for sending paperwork to us with the touch of a button
Five Key Performance Indicator Reports for monitoring your business
Business Coaching - Someone who understands your business to talk with
Access to Meeting Space 24/7/365 - For training, meeting clients and vendors and quiet work place
Optional Job Costing Reporting Services Available Click Here For More...
Our System Is An Assembly Line - Where bookkeeping tasks are divided into groups and assigned by skill level. And everything is reviewed by competent accountants who cost less and we pass the savings on to you!
The Key Reports You Need:
Cash Report anytime YOU want it!
Receivables report anytime YOU want it!
Payables report anytime YOU want it!
Profit & Loss statement anytime YOU want it!
Balance Sheet report anytime YOU want it!
Job Costing report anytime YOU want it!
Estimates Vs. Actuals report anytime YOU want it
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Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!
For Construction Company Owners who do not need the full power of QuickBooks for contractors and want 24/7 online access we offer Xero Accounting Online and we have custom setup for construction companies. Click Here For More.
We Scan Your Receipts And Invoices link them to QuickBooks transactions where it is appropriate and give you back a CPA-ready packet for your tax return and we provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.
We Are QuickBooks Experts Specializing In Construction Bookkeeping Services
About The Author:
Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Follow Randal on Google+